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Article 51 Verdrag tot oprichting van de Bank voor Economische Samenwerking en Ontwikkeling in het Midden-Oosten en Noord-Afrika

WITHDRAWAL, SUSPENSION OF MEMBERSHIP AND CESSATION OF OPERATIONS

a) After the Bank has taken a decision in accordance with paragraph b) of Article 49 and complied with paragraphs a) and c) of Article 50 of this Agreement, or sold all or substantially all the assets of the Bank under paragraph c) of Article 49 of this Agreement, the Board of Governors may decide, by special majority, to make a distribution to members in proportion to each member’s share in the subscribed capital. No member shall be entitled to its share in the assets of the Bank unless that member has settled all outstanding claims by the Bank against it. The shares of assets distributed need not be uniform as to type of assets. Every distribution of assets shall be made at such times as the Board of Governors shall determine and in such manner as it shall deem fair and equitable.

b) The Bank shall distribute any remaining assets of the Special Funds in accordance with the terms of relevant agreements.

Regeling
Verdrag tot oprichting van de Bank voor Economische Samenwerking en Ontwikkeling in het Midden-Oosten en Noord-Afrika
Soort
Verdrag
Geldend vanaf
28-08-1996
BWB-id
BWBV0004742
Versie
1996-08-28_0

In de hele regeling · Officiële tekst op wetten.overheid.nl